A recent paper provides a critical review of post regulating stage for Chinese P2P industry. Undersupply of financial services, progress of information technology and accommodative regulations for Internet finance jointly explain the explosive development. Regulation tightened after the small‐scale P2P lending crisis in 2015.
Jianguo Xu study the role of information technology and mega data analysis in financial services, with particular attention paid to some popular misconceptions. This paper predicts that large financial institutions and information technology companies will play a dominant role in the future development of Internet finance.